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Turnkey Income Portfolio | 4 Renovated Homes 1402 Burrell Rd 4 Unit Mobile Home Park $778,807 CAD ($194,702 CAD/Unit) 7.70% Cap Rate Clover, SC 29710



Investment Highlights
- Amazing location in a great school district
Executive Summary
Stabilized 4-Home Rental Portfolio | 3.32 Acres | Clover, SC | $43,500 NOI
Fully occupied, recently renovated 4-home rental portfolio generating $48,780 in gross annual rent with verified NOI of approximately $43,500. Located on 3.32 private acres at 1402-1408 Burrell Road, Clover, SC 29710 — 35 minutes from Charlotte in the rapidly growing York County market.
The portfolio consists of one doublewide and three single-wide homes, all renovated and occupied by long-term tenants. Each home is on its own septic system, keeping operating expenses clean and separated by unit. Shared well pump is the only common-area operating expense.
Gross Rent: $4,065/month | $48,780/year
Annual Operating Expenses: ~$5,278
NOI: ~$43,500
Cap Rate at $569,000: 7.65%
Unit Mix:
1402 Burrell Rd — Doublewide | $1,175/mo
1404 Burrell Rd — Single wide | $950/mo
1406 Burrell Rd — Single wide | $865/mo
1408 Burrell Rd — Single wide | $1,075/mo
The property operates as a legally established, non-conforming use under current zoning — no additional homes can be added to the surrounding area under existing regulations, creating a durable supply constraint that supports long-term rent stability.
This is a turnkey, day-one cash flowing asset with no vacancy, no deferred maintenance, and no management contracts. Well suited for a 1031 exchange buyer or portfolio investor seeking stable yield in a Charlotte-adjacent growth market.
Offered at $569,000
Fully occupied, recently renovated 4-home rental portfolio generating $48,780 in gross annual rent with verified NOI of approximately $43,500. Located on 3.32 private acres at 1402-1408 Burrell Road, Clover, SC 29710 — 35 minutes from Charlotte in the rapidly growing York County market.
The portfolio consists of one doublewide and three single-wide homes, all renovated and occupied by long-term tenants. Each home is on its own septic system, keeping operating expenses clean and separated by unit. Shared well pump is the only common-area operating expense.
Gross Rent: $4,065/month | $48,780/year
Annual Operating Expenses: ~$5,278
NOI: ~$43,500
Cap Rate at $569,000: 7.65%
Unit Mix:
1402 Burrell Rd — Doublewide | $1,175/mo
1404 Burrell Rd — Single wide | $950/mo
1406 Burrell Rd — Single wide | $865/mo
1408 Burrell Rd — Single wide | $1,075/mo
The property operates as a legally established, non-conforming use under current zoning — no additional homes can be added to the surrounding area under existing regulations, creating a durable supply constraint that supports long-term rent stability.
This is a turnkey, day-one cash flowing asset with no vacancy, no deferred maintenance, and no management contracts. Well suited for a 1031 exchange buyer or portfolio investor seeking stable yield in a Charlotte-adjacent growth market.
Offered at $569,000
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 4 | - | - |
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,305 CAD | |
| Land Assessment | $6,197 CAD | Total Assessment | $7,502 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$6,197 CAD
Improvements Assessment
$1,305 CAD
Total Assessment
$7,502 CAD
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Turnkey Income Portfolio | 4 Renovated Homes | 1402 Burrell Rd
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